Real Estate Appreciation for Albany Schenectady Troy, New York: + 59.54%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Albany Schenectady Troy, New York did compared to the state as a whole.
The Albany Schenectady Troy, New York MSA property value change was + 59.54% (+ 5.95% yearly).
All of the property in NY averaged +104.32% change in value (+ 10.43% yearly).
Albany-Schenectady-Troy-NY
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
Lets look at Averill Park, New York, a city located in Albany Schenectady Troy, New York MSA.
Appreciation is an important to real estate investors who rehab and flip properties. If you feel appreciation rates are good in this area there may be a good opportunity to flip houses. To learn more about Hard Money Real Estate Loans check out Spec-Loan.com
If you were going to do a Averill Park, New York Refinance, or Averill Park, New York Reverse Mortgages, you could estimate your home value.
If you knew your Averill Park, New York home was worth $99,000.00 in 1995, you could multiply by + 59.54%, add the gain and see the home should be worth $157,944.60 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Albany-Schenectady-Troy-NY from 1995 to 2004:
+ 5.95%
Appreciation Comparisons
The top 5 performing MSAs from 1995 to 2004 were San-Diego-Carlsbad-San-Marcos-CA, Salinas-CA, Barnstable-Town-MA, San-Luis-Obispo-Paso-Robles-CA, and Oxnard-Thousand-Oaks-Ventura-CA .
- San-Diego-Carlsbad-San-Marcos-CA increased +189.90% from 1995 to the end of 2004
- Salinas-CA increased +186.52% from 1995 to the end of 2004
- Barnstable-Town-MA increased +184.65% from 1995 to the end of 2004
- San-Luis-Obispo-Paso-Robles-CA increased +172.94% from 1995 to the end of 2004
- Oxnard-Thousand-Oaks-Ventura-CA increased +168.06% from 1995 to the end of 2004
For a 10 year period, the top 5 performing MSAs of all time are Bridgeport-Stamford-Norwalk-CT, New-Haven-Milford-CT, Salinas-CA, Salinas-CA, and Riverside-San-Bernardino-Ontario-CA .
- Bridgeport-Stamford-Norwalk-CT increased +262.04% from 1977 thru 1986
- New-Haven-Milford-CT increased +251.93% from 1978 thru 1987
- Salinas-CA increased +251.06% from 1996 thru 2005
- Salinas-CA increased +247.53% from 1997 thru 2006
- Riverside-San-Bernardino-Ontario-CA increased +237.10% from 1997 thru 2006
Zip Code in MSA: 12018 - AVERILL PARK, NY
MSA Pop: 840644Zip Pop: 7513
Avg Value: 122600
County: RENSSELAER
Elev: 35
Region: Northeast
Lat: 42.64062
Long: -73.5495